Call reports 2002
SUMMIT COMMUNITY BANK, INC — 2002
What SUMMIT COMMUNITY BANK, INC reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 327,366,000 | 331,860,000 | 343,683,000 | 341,921,000 |
| Total loans | 207,297,000 | 213,054,000 | 225,447,000 | 228,501,000 |
| Allowance for loan losses | 2,129,000 | 2,195,000 | 2,253,000 | 2,208,000 |
| Securities available for sale | 97,961,000 | 93,976,000 | 97,185,000 | 92,950,000 |
| Securities held to maturity | 150,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,829,000 | 201,098,000 | 205,220,000 | 195,163,000 |
| Interest-bearing deposits | 171,293,000 | 176,997,000 | 176,848,000 | 171,006,000 |
| Noninterest-bearing deposits | 23,536,000 | 24,101,000 | 28,372,000 | 24,157,000 |
| Equity capital | 22,701,000 | 23,726,000 | 25,634,000 | 25,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 5,597,000 | 11,237,000 | 16,912,000 | 22,533,000 |
| Interest expense | 2,560,000 | 5,127,000 | 7,637,000 | 10,068,000 |
| Net interest income | 3,037,000 | 6,110,000 | 9,275,000 | 12,465,000 |
| Noninterest income | 182,000 | 403,000 | 634,000 | 860,000 |
| Noninterest expense | 1,490,000 | 2,996,000 | 4,447,000 | 5,851,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,650,000 | 3,362,000 | 5,240,000 | 7,156,000 |
| Income tax | 493,000 | 1,011,000 | 1,576,000 | 2,244,000 |
| Net income | 1,157,000 | 2,351,000 | 3,664,000 | 4,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,411,000 | 22,404,000 | 23,680,000 | 23,708,000 |
| Total capital | 24,546,000 | 24,608,000 | 25,933,000 | 25,916,000 |
| Risk-weighted assets | 216,902,000 | 220,357,000 | 234,089,000 | 233,339,000 |